Essentials of Corporate Finance
Essentials of Corporate Finance
8th Edition
ISBN: 9780078034756
Author: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 4, Problem 4.3C
Summary Introduction

To determine: The number of periods of investment to double the investment.

Introduction:

The number of periods of investment helps to understand the time required for the money to grow. Suppose a person knows the future value of cash he or she requires, then it is possible to find the number of years required for the accumulation of future value. However, the person should know the present contribution and the interest on the contribution.

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